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May 12, 2024, 06:20:39 PM *
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1  Economy / Gambling discussion / Re: Attempting to turn 0.05 BTC into 1.7 BTC on: May 10, 2024, 11:35:41 AM
You're going to need a lot of luck to be able to hit your goal.

I'm not a gambler, and not a fan of gambling but here's my opinion. You need a lot of research when it comes to sports betting, also make sure that it's not a fixed match, or you'll lose all your funds while shattering your hope in the process. I'd rather invest it somewhere else if I were you, or just hodl that bitcoin and wait for a solid bull run cycle this year.
2  Economy / Trading Discussion / Re: Some topics to look for when starting trading on: May 03, 2024, 10:54:24 AM
Bitcoin Dominance is useful in trading, but knowing the market direction does not necessarily guarantee profits in trading. If liquidity moves from Bitcoin to altcoin, the challenge remains in knowing which altcoin will attract that liquidity after Bitcoin.
Bias is a dangerous thing in the market because it makes you see things from a different perspective, so it is essential advice.
FVG (fair value gap) is an advanced market analysis that a beginner cannot know without technical analysis.


I don't think fair value gap in an advanced market analysis or a way to determine where the price should go or go back. It's just we're too familiar on support and resistance.

Also, bitcoin dominance always determine where the market should go, if I'm not mistaken, that's why it is important to monitor as well. It's called "dominance" for a reason, and so far it never disappoint me in my trades.

Introducing new terms and ways in trading is not bad as well, because we need growth, we need something more effective and easier to understand. Mapping the chart from 1M>1W>1D and using 4H>1H timeframe for confirmation will change your life. There's nothing wrong to try other things, in my opinion.
3  Economy / Trading Discussion / Re: Some topics to look for when starting trading on: May 02, 2024, 07:34:54 AM
These are my main three topics, and I have a lot more but it's all minors and I bet most of you guys know about it, like support and resistance, candle stick patterns, etc.
They are also very important and not minor. One of the most important in trading in trading is risk management and lowering your trading risks. Some traders keep failing because they do not manage their trading funds appropriately and also because they are using to much leverage and going for other too risky trades. Another important thing are indicators, technical and fundamental analysis which soke traders neglect and not studied very well.

For me FVG (fair value gap) works the best rather than mapping every supports and resistance level, whether it's minor or major. It offers so much information, in my opinion, since it might vary on different traders. I only do swing trades so it's much valuable for me using FVG as my support and resistance.

I initially started using support and resistance but it only makes my chart very confusing whenever I draw lines that indicates support and resistance.

And yes, most of the newbies are going to neglect proper risk management because they wanted to have a good PNL overnight but that rarely happens.
4  Economy / Trading Discussion / Re: Some topics to look for when starting trading on: May 02, 2024, 06:42:05 AM
For traders, their most important task is to defend their capital.

It is very easy to lose capital in trading so to defend their trading capital, a trader must learn about most common mistakes in trading and compare the list of common mistakes to their trading practice.

Detecting their most common trading mistakes and correct these bad practice will help them to defend their trading capital.

Common Trading Mistakes to Avoid

That's why it's important to know what you're doing, my point is, the more you know the more you're capable of doing a good trade to protect your funds. Though sometimes, losing is inevitable since the market is always unpredictable.

You can't expect to not lose anything in trading, besides, you should expect it especially if you're just a beginner. Especially in futures, risking 2-5% of your portfolio using low leverage is a very good practice of risk management.
5  Economy / Trading Discussion / Some topics to look for when starting trading on: May 02, 2024, 02:38:26 AM
I've just get back in trading, and I'm still on the process of learning but here are the topics you should look for to help you in your trading journey.

1. FVG (fair value gap)
- this is the first thing for me, it is important since it always attract prices, either for pump or dump, you just have to figure out your bias.

2. Bias
- this is very important, for you to avoid doing a counter trend trade. You should always know if the market is bearish or bullish.

3. Bitcoin Dominance
- this is also very important, because as of now, wherever bitcoin goes, everything follows. So even your technical analysis on some alts are giving you chart pattern for a reversal, trust me, it won't go that way.

These are my main three topics, and I have a lot more but it's all minors and I bet most of you guys know about it, like support and resistance, candle stick patterns, etc.
6  Economy / Economics / Re: The benefits of risk taking on: April 09, 2024, 03:49:34 PM
Risking is all about change, whether the result is too far from what you were expecting or beyond what you were expecting, either way, you'll learn something from it.

People who don't want to risk something is afraid of growth, or maybe they are contented from what they have or who they are, while those people who's not afraid to take risk are seeking growth. They wanted to change themselves into a better one to have the life they wanted.

Don't get me wrong but there's nothing wrong if you're afraid to risk something or want to risk something in order to get something in return. We have our own perspective in life, so live the way you wanted it to be as long as you're happy.
7  Economy / Economics / Re: Church Business on: April 04, 2024, 11:50:48 AM
There's a lot of people who are using God's words in order to deceive people to gain fame and money.

Well, a smart person would automatically will figure it out that a certain pastor is a fake one. However, since most of the people in the community is not a critical thinker, that's why they are easily brainwashed by these kind of pastor wannabe. So before going in a certain religion or sector, make a solid observation before deciding to be one of them.
8  Other / Off-topic / Re: Can family members help a gambling addict? on: April 02, 2024, 11:11:11 AM
Many people are going through gambling addiction but they manage to keep it a secret from their families and loved ones. The only people that know about their gambling activities are their close friends. In the event that you are one of those close friend to a gambling addict, do you think it is right to tell their loved ones with the intention that they will be able to talk to him and help him overcome his addiction? Can the advice of loved ones even help? What is the most effective way of going about gambling addiction.

There's a reason why a gambling addict don't tell tell families about their addiction, and a close friend should respect that. If you really wanted to help, better ask your friend's permission first before you tell it to anybody, especially their family.

The reason why they don't tell it to their love ones is that they are afraid of getting judge, instead of getting sympathy and help from them. Not all people have a very understanding families, mostly they've got toxic one that's why they do stuff that will get their families attention.

The only help they could get is from a friend who is willing to guide them in a different path that's going to cure their addiction.
9  Economy / Gambling discussion / Re: Don't make your bets when you're tired on: March 25, 2024, 03:37:38 PM
I definitely agree.

Doing something when you're tired will never be productive, it will turn to a disaster and will just ruin your day. It's similar to chasing your losses, since in both cases, you don't have a clear way of thinking what to do next, in short, you don't have any plan to make profits. So if you're tired and wanna have a pastime, don't place any bets, just watch tv while drinking something that's refreshing and soothing.
10  Bitcoin / Bitcoin Discussion / Re: Profiting from BTC: just luck? on: March 20, 2024, 10:28:23 AM
I want to know your opinion on the success of BTC holders:
1. Is the profit of BTC holders just from luck?
2. Are you a BTC holder? What makes you keep believing and holding BTC?
3. When will you hold BTC until?

1-2. It's not about luck, it's about believing on it's potential, once you fully understand it, you'll never doubt it. Seeing the price itself since it was released on the Blockchain is a solid proof that it is better investment than anything else.

3. I will hold it for a lifetime. I will keep on buying the dip using DCA or whenever I feel that it dumped so much on a certain support that's good for buying. I will never let any opportunity to slide when buying and hodling bitcoin because the profit in the long run is incomparable than storing your money in a bank.
11  Economy / Economics / Re: Everything is over priced but people keep spending on: March 18, 2024, 04:12:22 PM
An average man has to just eat, pay bills, and survive.

That's why some people have depression, they feel like they're just in a loop where they're are just waiting themselves to die in either depression or from overworking for them to survive. Minimum wage should be higher, it must outweigh the cost of living of an average person, or else everyone will suffer from debt, and it will backfire in the government even more.

Imagine those people who have families and yet their salary in not even enough to put enough food in the table in a house where the light is only coming from a candle just because they can't afford to pay their electricity bill anymore.
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin becoming Legal tender on: March 15, 2024, 12:22:09 PM
We all know bitcoin runs in a decentralized system, so making it a legal tender simply means the government will also have control over it and it system which wasn't the original motive of it

No.  This means the government will regulate it.  Regulating and controlling are not the same thing.  For instance, if a government passes a law making certain cryptocurrency mandatory as payment methods for vendors, then it does not mean they control them.

In the previous centralized system, the government issues money and controls the monetary policy.  In this new system, this power is taken away from the government and given to the public.  People now have the freedom to choose which money is the best.

They can never control Bitcoin, but they can regulate it to a way that it will suffocate most users. We all know that the government is crazy when it comes to big money, and all I can imagine is that they will regulate it badly, like you have to pay big taxes in order to have bitcoin, trade bitcoin, etc.
Since Bitcoin and other cryptocurrency was not made like money, they can never regulate it like the way they regulated fiat, in my opinion.
13  Economy / Economics / Re: Technology and work ethics on: March 12, 2024, 03:47:21 PM
I think there's no need for privacy in your office desk unless the camera is under your table and using it for something very inappropriate, but if it's just on your PC like monitoring your work, that's not a problem at all if you're doing your job correctly. You're gonna find it annoying if you're doing something else in your working hours and you don't want it to find out by your senior or your boss.

But if you're just not comfortable with it when you're working, ask the HR about it so you can decide whether to accept the job or not.
14  Economy / Gambling discussion / Re: How does the game of luck in gambling really works? on: March 09, 2024, 11:31:27 AM
Luck is random.

It's just a coincidence that you were in your friend's house and decided to tell you that it was you that's why he won the game, anybody could tell that if he won a big amount, imagine if he lost all his money, I bet he would say "you're the reason why I've lost my money, you bothered me and ruined my momentum".

Luck don't happen all of the time, for me it's just a wheel of fate, because everything happens for a reason.
15  Bitcoin / Bitcoin Discussion / Re: Massive withdrawal of Bitcoin on: March 07, 2024, 02:17:18 PM
Every asset works that way, it can't be always pumping or the other way around.

It's normal if people are selling their Bitcoin when they are happy about the profit they made after a long time of hodling. What comes after is that they are just going to wait for a dump to happen before it bounce back again to make a new all time high price. Now, people are making sudden decisions because of FOMO, don't be like those people.
16  Local / Pilipinas / Re: Umaarangkada na ang Coins.ph on: March 05, 2024, 10:38:19 AM
Di ko alam bakit ganyan ginagawa nila instead of prioritizing their customer's complaint about their services.

Dapat tanggalin na nila yung "Level" sa account since useless rin naman. Imagine, kapag maglalabas ka ng medyo malaking pera like 20K or more eh paghihinalaan ka na kaagad, either they will freeze your account or ask too many questions which is very frustrating. Also di ko magets yung need mo pa magprovide ng info ng "sender" which mostly is you sending bitcoin or any tokens from an external wallet.

Kaya di ko na sila trusted kapag maglalabas ng pera, nakaka-stress lang.
17  Economy / Gambling discussion / Re: What contributes to a casual gambler becoming an addicted gambler? on: March 01, 2024, 02:44:35 PM
Most of the casual gamblers started as their pastime only, like trying to experience it, to have some "fun", to have something to do as a hobby whenever they finished doing their job, etc.

And as the days goes by, their experience became the reason why they evolved to an addicted gambler, whether they won big a couple of times but sadly they've lost it eventually and it became a habit for different reasons. But mostly, in a third world country to be specific, gambling is their way of having false hope kind of idea as a source of income, which in reality, it is the entire opposite.
18  Economy / Gambling discussion / Re: Have you & friends thought of engaging on any unfamiliar activity for gambling on: February 28, 2024, 04:18:49 PM
Sounds cool and unique indeed but illegal it illegal.

It's just a matter of time and someone will find out that you're doing gambling in that kind of way. Also, I'm just curios how you guys bet every round, I bet it's hard to remember who wins every round unless you're going to tally it up and that will make it very suspicious since if you guys just want it to look like a child's game, you won't bother recording in any kind of ways who wins every round.
19  Local / Pilipinas / Re: Philippines SEC will Ban Binance. Effectivity End of Feb. 2024 on: February 26, 2024, 12:18:15 PM
Sa tingin niyo matutuloy 'to?
Mataas ang chance na matuloy ito, dahil mukhang walang ginagawang hakbang ang Binance para maayos ang issue nila with SEC Philippines. Maglipatan nalang muna ng funds para siguradong ligtas ang pera natin.

Pera-pera lang naman yan, syempre nainggit yung SEC Philippines sa U.S SEC kasi nagbayad yung binance sa kanila. I don't know pero walang magandang progress na nangyayari mostly sa buong mundo, lalo na dito sa pinas. Instead na suportahan nila yung mga pinagkakakitaan ng mga pinoy, gagawa lang sila ng paraan para mapatawan ito ng buwis na halos wala ng matira sa mga manggagawang pilipino.

Ang daming problema sa bansa natin pero mas inuuna nilang punan yung mga bulsa nila kesa tulungan yung mga butas ang bulsa na nagkukumahog may makain lang sa araw-araw dahil sa hirap ng buhay.

May God help us all.
20  Economy / Services / Re: [OPEN] eXch.cx - Automatic Exchange | Sig Campaign | Up to $120/W on: February 24, 2024, 12:06:38 PM
Username: AicecreaME
BTC SegWit Address: bc1q2ch6pxkar6d8480l2y2hk8t77e2gcvy8frnxmq

I will wear the signature and avatar once accepted. Hoping to work with you:)

Cheers!
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